Barbados | Imports and Exports | World | Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" from Barbados totalled $ 15.2 million in 2023. Sales of commodity group 71 from Barbados went up by 17% compared to 2022: exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" went up by $ 2.22 million (cumulative exports of commodity group 71 from Barbados amounted $13 million in 2022)
Exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" amounted to 3.21% of total exports from Barbados (cumulative merchandise exports from Barbados totalled $ 475 million in 2023). The share of commodity group 71 in total exports from Barbados increased by 0.588 p.p. compared to 2022 (it was 2.62% in 2022 and cumulative exports from Barbados were equal to $ 497 million).
Where does Barbados export Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin?
Top export destinations of "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" from Barbados in 2023:
- USA with a share of 99% (15.1 million US$)
- United Kingdom - 64 thousand US$
- Canada - 17.8 thousand US$
- Vanuatu - 9.03 thousand US$
- Antigua and Barbuda - 6.87 thousand US$
- Guyana - 5.33 thousand US$
- Trinidad and Tobago - 4.98 thousand US$
- Italy - 3.07 thousand US$
- Ireland - 2.7 thousand US$
- Saint Vincent and the Grenadines - 2.4 thousand US$
Exports structure of 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin - from Barbados in 2023 represented by the following main commodity groups:
- 77% (11.7 million US$): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
- 14.3% (2.19 million US$): 7102 - Diamonds, whether or not worked, but not mounted or set
- 4.02% (616 thousand US$): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
- 2.06% (316 thousand US$): 7117 - Imitation jewellery
- 1.17% (180 thousand US$): 7112 - Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal
- 0.723% (110 thousand US$): 7116 - Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)
- 0.319% (48 thousand US$): 7114 - Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
- 0.11% (16.8 thousand US$): 7115 - Other articles of precious metal or of metal clad with precious metal
- 0.025% (3.96 thousand US$): 7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
- 0.022% (3.47 thousand US$): 7103 - Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport
The value of imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" to Barbados totalled $ 548 thousand in 2023. Sales of commodity group 71 to Barbados decreased by 32% in value terms compared to 2022. imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" decreased by $ 261 thousand (the value of imports of commodity group 71 to Barbados was equal to $810 thousand in 2022)
Imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" accounted for 0.025% of total import flow to Barbados (in 2023, total imports to Barbados amounted to $ 2.14 billion). The share of commodity group 71 in total imports to Barbados decreased by 0.012 p.p. compared to 2022 (it was 0.037% in 2022 and cumulative imports to Barbados were equal to $ 2.15 billion).
Where does Barbados import Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin from?
Top trading partners (import of "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin") of Barbados in 2023:
- USA with a share of 78% (428 thousand US$)
- Trinidad and Tobago with a share of 7.14% (39 thousand US$)
- China with a share of 3.97% (21 thousand US$)
- Canada with a share of 2.81% (15.4 thousand US$)
- Hong Kong with a share of 2.31% (12.7 thousand US$)
- Panama with a share of 1.65% (9.09 thousand US$)
- United Kingdom with a share of 1.49% (8.21 thousand US$)
- Other Asia, nes - 2.84 thousand US$
- India - 993 US$
- Jamaica - 936 US$
Imports structure of 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin - to Barbados in 2023 represented by the following main commodity groups:
- 59% (328 thousand US$): 7117 - Imitation jewellery
- 32% (176 thousand US$): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
- 2.92% (16 thousand US$): 7110 - Platinum, unwrought or in semi-manufactured forms, or in powder form
- 0.83% (4.55 thousand US$): 7116 - Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)
- 0.665% (3.65 thousand US$): 7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
- 0.663% (3.64 thousand US$): 7118 - Coin
- 0.661% (3.62 thousand US$): 7104 - Synthetic or reconstructed precious or semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport
- 0.649% (3.56 thousand US$): 7115 - Other articles of precious metal or of metal clad with precious metal
- 0.57% (3.13 thousand US$): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
- 0.493% (2.7 thousand US$): 7114 - Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
